Eni has agreed to buy a 40 percent interest in an exploration permit granting rights to explore an offshore area of 82,000 square kilometres off South Africa’s east coast for hydrocarbons, the Italian oil and gas group said on Tuesday.… Read the rest

South African petrochemicals group Sasol Ltd is keen to invest in a domestic shale industry once it gets off the ground, its chief executive said, in a potential challenge to oil major Royal Dutch Shell.

The state of the nation is no more ludicrously evident than Gauteng premier Nomvula Mokonyane’s recent “warning” that “pale males” would return to government in Gauteng if SA’s opposition Democratic Alliance party wins next year’s provincial election.… Read the rest

Petrochemical giant Sasol has pulled the plug on a shady empowerment deal with union boss Simon Mofokeng and wife Maureen after Business Times exposed how they used fake documents to clinch contracts worth over R300-million.

South African petrochemicals giant Sasol has signed a deal with global fast-food company Burger King which will see the hamburger chain opening sit-down and takeaway restaurants at Sasol’s fuel station forecourts countrywide.

South African manufacturers of truck and bus tyres are the latest target of a Brazilian antidumping investigation against South Africa, following an application by the Brazilian body representing tyre manufacturers, ANIP.

Kwadlangezwa – The SA Communist Party would like to see Sasol [JSE:SOL] nationalised, but if this could not be achieved immediately the petro-chemical giant should then be subjected to a windfall tax on extra profits.